Bursa holds firm despite Wall Street selling pressure

Having eked out a slight 1.28 points gain in the previous session, the benchmark FBM KLCI is holding on to its 1,500 psychological level despite the prevailing negative sentiment in major markets.

There were 148 gainers compared with 119 decliners.As the second quarter earnings season enters its final day, only two of the heavyweight banks are left to announce their performance. Hong Leong Bank dropped 16 sen to RM20.64 and CIMB shed two sen to RM5.38 ahead of their earnings announcements. Meanwhile, the jump in Brent crude futures prices above the US$105 a barrel mark are giving oil-and-gas-related counters a boost in today's trading.rose 13 sen to RM5.54 and PETRONAS Chemicals gained six sen to RM8.96.

Time dotCom, which released its earnings results after trading hours yesterday climbed 23 sen to RM4.79. Among the to actives, VC was up one sen to 19 sen, Agmo rose five sen to 97 sen and DNeX gained one sen to 86 sen.

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